The last two projects that were delayed due to the pandemic have finally been completed, according to Minister for National Development Desmond Lee’s announcement on January 20.
The two Build-to-Order (BTO) projects, Punggol Point Cove (Phase 2) and Kempas Residences, are the final housing projects from HDB that were affected by the pandemic. These two projects, along with 92 others, have delivered over 75,800 new flats to Singaporeans over the past five years.
In 2024, HDB completed a total of 22 housing projects, out of which, 17 were delayed due to the pandemic. The remaining four projects were completed on time, barring one that was delayed for non-pandemic reasons.
The 22 projects included two Shorter Waiting Time (SWT) projects, which were completed within a waiting period of less than three years. Parc Glen at Tengah and Grove Spring at Yishun, comprising a total of 1,995 flats, were the SWT projects.
The other projects had waiting periods of up to five years. Overall, HDB delivered over 18,000 flats in 2024.
Residents of Punggol Point Cove (Phase 2) have been receiving their keys since November 2024, while key collection for Kempas Residence started in mid-January this year.
HDB is expected to inform the remaining flat owners of their key collection date soon, following the completion of the final blocks within both projects this month.
Located along New Punggol Road, Punggol Point Cove (Phase 2) comprises 1,179 units of two-room flexi, three-, four- and five-room flats across six residential blocks. Due to the pandemic delays, the project’s last block was completed 12 months later than its original Probable Completion Date (PCD).
As of January 15, 657 households, or 59% of the 1,109 booked units, have collected their keys.
HDB states that with the completion of Punggol Point Cove (Phase 2), all flats in the Punggol Point District have been completed. This includes Punggol Point Cove (Phase 1), Punggol Point Woods, and Punggol Point Crown BTO projects, which were completed in 2024.
Located between Serangoon Road, Lavender Street, and Boon Kheng Road, the Kempas Residences BTO project has 583 units of two-room flexi, three-, four-room flats across four residential blocks.
The final block, which experienced a delay of six months from its original PCD, was completed in mid-January.
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As of January 15, 37 households, or about 7% of the 555 booked units, have collected their keys.
Currently, 110 HDB housing projects are under construction, up from 95 a year ago due to the increase in BTO supply in recent years. HDB is on track to complete around 17,000 flats across 27 projects in 2025.